Tag Archives: ECB

European stocks are everybody’s darlings

The European Central Bank (ECB) will find itself the only game in town soon. It is the only major central bank still buying bonds hand over first, and therefore it is dictating the pace for private investors.

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Market moving info — week starting May 29, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting May 29, 2017.

Last week:          

  • US economic growth data was revised to 1.2% in the first quarter from a previous estimate of 0.7%.
  • Around 24% of the electricity generated in the UK came from solar energy on Friday, a day of warm weather and clear, sunny skies.

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Market moving info — week starting May 22, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting May 22, 2017.

Last week:          

  • An investigation into possible links between the presidential campaign of Donald Trump and Russia has intensified, with reports saying that a current White House official is a person of interest. Sources told the Washington Post the official was close to the President, but did not elaborate further.

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Market moving info — week starting May 15, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting May 15, 2017.

Last week:          

  • A massive ransomware attack took place in around 70 countries, with computers locked by malicious software requesting $300 in bitcoin to release them.

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Market moving info — week starting May 8, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting May 8, 2017.

Last week:          

  • The U.S. economy created more jobs than forecast in April, when the nonfarm payrolls number came in at 211,000 compared with analysts’ expectations of about 185,000 new jobs.

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Market moving info — week starting April 24, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting April 24.

Last week:          

  • UK retail sales saw their biggest fall in seven years in the first quarter, down 1.4% on the previous quarter and 1.8% year on year. Average store prices have increased by 3.3% on the year, the highest rise since 2012.

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Market moving info — week starting April 17, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting April 17.

Last week:          

  • The BBC’s Panorama documentary programme aired the recording of a phone conversation between two Barclays employees in 2008 in which one of them says the Bank of England and the government have put pressure on their bank to lower Libor.

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Market moving info — week starting April 10, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting April 10.

Last week:          

  • US nonfarm payrolls badly missed expectations in March. The US economy created just 98,000 jobs last month, compared with forecasts of180,000 jobs created.

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Market moving info — week starting April 3, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting April 3.

Last week:          

  • The European Union has ruled out early talks with the UK on trade, after the UK notified the European Council of its intention to leave. The EU wants other issues, such as the Brexit bill, to be settled first.

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Market moving info — week starting March 27, 2017

Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting March 27.

Last week:          

  • UK inflation jumped to 2.4% in February from 1.8% in January, exceeding the Bank of England’s 2% target.
  • US President Donald Trump withdrew his healthcare bill, which was meant to replace Obamacare, because it was not passed in Congress. Repealing Obamacare was one of his main election campaign pledges.

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